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Game-Changing: A Downturn in Home prices
Game-Changing: A Downturn in Home prices 07/28/2022 Recently, one of my friends James, who is a Realtor, shared a story and complained that the real estate activity is changing the game rules. James, as a listing agent, had spent weeks and finally helped his ...Read more -
How to Interpret the Roaring CPI above 9%
How to Interpret the Roaring CPI above 9% 07/23/2022 Key Information On July 13th, the Labor Department reported the Consumer Price Index of June. CPI soaring to 9.1% indicates a severe inflation. As we all knows, The Federal Reser...Read more -
It’s Time to Reassess the Expectation of Recession
It's Time to Reassess the Expectation of Recession 07/13/2022 Dramatic changes in a short time As the Federal Reserve tightens monetary policy to combat the worst inflation in 40 years, the U.S. economy is on the brink of recession. Investors hav...Read more -
Why Did the Fed Rate Cut May Not Be Far Away
Why Did the Fed Rate Cut May Not Be Far Away 07/06/2022 The Big Short prototype: The Fed will reverse the deflation ! When consumers are reveling in the “unprecedented” seasonal promotions, little do they know that U.S. reta...Read more -
When Record-high Home Prices Meet Crazy Interest Rate Hikes
When Record-high Home Prices Meet Crazy Interest Rate Hikes 06/30/2022 Is this the last “ carnival ” ? Recently, sounds such as the “collapse”, “bubble burst”, “housing prices are going to fall” continue to appear, whi...Read more -
Will Powell become the second Volcker?
Will Powell become the second Volcker? 06/23/2022 Dreaming back to the 1970s On Wednesday, the Federal Reserve raised the interest rate by 75 basis point, which is the biggest move in nearly three decades to curb high inflation. ...Read more -
Is Inflation As Fierce As A Tiger? It May Not Be As Scary As You Think
Is Inflation As Fierce As A Tiger? It May Not Be As Scary As You Think 06/15/2022 Inflation t hrow cold water again! CPI Exceeds Expectations Nearly two weeks ago, after the release of the lower-than-expected PCE (Pers...Read more -
An adjustable-rate mortgage Should be Considered by Borrowers
An adjustable-rate mortgage Should be Considered by Borrowers 06/09/2022 As mortgage rates in recent weeks have soared to levels not seen in more than a decade, home loan borrowers are considering their financing options. According to the Mortgage Ba...Read more -
As Today’s Interest Rates Drop Slightly, Refinance Maybe a Good Choice
As Today's Interest Rates Drop Slightly, Refinance Maybe a Good Choice 05/28/2022 According to today's rate schedule, 15-year and 20-year mortgage refinance rates fell slightly compared to the last week, providing significant savings opportunities ...Read more -
Adjustable-rate Mortgages Are Becoming More and More Popular Nowadays
Adjustable-rate Mortgages Are Becoming More and More Popular Nowadays 05/19/2022 According to the Mortgage Bankers Association, demands for adjustable-rate mortgages, or ARMs, hit a 14-year high last week. As interest rates rise, borrowers begin to...Read more -
Great! USCIS released a new rule: The EAD card is automatically extended by 540 days!
Great! USCIS released a new rule: The EAD card is automatically extended by 540 days! Two hundred sixty thousand people are benefited from it! 05/19/2022 According to the report, the Bureau of Citizenship and Immigration Services (USCIS) announce...Read more -
A Home Equity Line of Credit Maybe a Wonderful Choice
A Home Equity Line of Credit Maybe a Wonderful Choice 05/12/2022 What is a HELOC? A HELOC（Home Equity Line of Credit）allows borrowers to borrow against the equity they have already built up in their home. A HELOC has a wide range of applicati...Read more